Trump says he’ll talk trade with Chinese president next week
Financial markets greeted the news with relief Tuesday. The Dow Jones Industrial Average closed 1.4% higher, adding 353 points.
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Longtime local office-supplies firm plans merger, HQ move to Illinois
Independent Suppliers Group, formerly known as Independent Stationers, is merging with Rosemont, Illinois-based cooperative TriMega Purchasing Association and Chicago-based Pinnacle Affiliates.
NFL teams up with NCAA for next round of safety improvements
A two-day meeting in Indianapolis included participants from the NFL’s health and safety team, the NCAA’s Sport Science Institute, and medical staffs from schools in each of the power five conferences.
Facebook currency Libra faces financial, privacy pushback
Facebook is getting a taste of the regulatory pushback it will face as it creates a new digital currency with corporate partners.
Overton leaving sports anchor job for position with Colts
Sports reporter and anchor Larra Overton has been hired as a producer and sideline reporter for the Indianapolis Colts, the team announced Tuesday.
Circle Centre sees larger annual profit, lower sales
Circle Centre saw its profit and store count rise in 2018, mall manager Simon Property Group said. But the financial performance of the downtown shopping center significantly trailed other properties in Simon’s portfolio.
Indiana attorney general sued over groping allegations
Attorney General Curtis Hill is accused of touching the backs or buttocks of state lawmaker Mara Candelaria Reardon and three legislative staffers.
Developer plans to raze homes in Fishers for $29M apartment project
The Fishers City Council on Monday night approved a development agreement between the city and Indianapolis-based Scannell Properties, which has 14 residential parcels under contract south of the Nickel Plate District.
Primary municipal elections see 13% turnout statewide
In the Indianapolis area, Boone County had the highest turnout among counties, at 22%.
TWG seeks tax break for $26M apartment project at old IPS site
TWG Development could save $1.4 million on the 188-unit Wesmont, named after jazz guitar legend Wes Montgomery. It’s part of the company’s larger redevelopment project south of East 16th Street and east of the Monon Trail.
Annual growth in charitable giving slows as predicted
Growth in charitable giving in the United States slowed in 2018, possibly as a result of the 2017 tax reform bill, according to an annual report that tracks American giving patterns. But the decline wasn’t as big as many predicted.
A $50 million glitch? Target takes hit from register outage
The outage came on the eve of Father’s Day, when the retailer was promoting various items, from ties to golf balls, as last-minute gift ideas for dads. Customers took to Twitter, sharing images of the long lines and the abandoned shopping carts.
Embattled Indiana Virtual School, sister school to close amid scandal
The tentative agreement between Indiana Virtual School, its sister school and its oversight agency comes several months after allegations emerged that the long-troubled charter network enrolled thousands of inactive students.
Health care services firm plans up to 850 jobs in Indiana
The Louisville-based company expects to invest more than $52 million to launch its Indiana operations at the River Ridge Commerce Center in Jeffersonville.
Franciscan Health begins work on $40M Mooresville expansion
The project is the largest in a decade for the hospital in northern Morgan County, about 18 miles from Franciscan Health’s flagship hospital on the south side of Indianapolis.
Fed likely to leave rates alone but signal readiness to cut
Economists say when—or even whether—the Fed eases credit this year will depend on a host of factors that are hard to predict.
Indianapolis-area Kroger employees approve new labor agreement
The agreement covers more than 9,000 members of the United Food and Commercial Workers Union who work at 71 Indianapolis-area Kroger stores.
Report: Indiana opioid prescriptions down 35% since 2013
The American Medical Association Opioid Task Force 2019 Progress Report shows Indiana's reduction in opioid prescriptions from 2013 to 2018 is two percentage points higher than the national average.
Supreme Court orders new look at clash over gay-wedding cake
The U.S. Supreme Court ordered reconsideration of a $135,000 award against an Oregon bakery that refused to make a cake for a same-sex wedding in a case that revived a fractious debate over religious rights and equal treatment.
Pfizer expanding in cancer with $10.6B deal for Array BioPharma
Array’s stock was already at a record before the deal announcement, following the company’s news last month of positive clinical trial results using Braftovi and Mektovi with Indianapolis-based Eli Lilly and Co.’s Erbitux.